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Showing 491 - 500 of 2383 results for "Citi"

CBA, Northern Trust announce Green Repurchase Agreement

CHLOE WALKER  |  MONDAY, 13 DEC 2021
Commonwealth Bank of Australia (CBA) and Northern Trust have completed a $50 million transaction utilising a new Green Repurchase Agreement (Green Repo) as certified by the Climate Bond Initiative (CBI). A first for the Australian market, this certified ...

Blackstone buys GIC's stake in logistics trust for $2.1bn

CHLOE WALKER  |  MONDAY, 13 DEC 2021
Blackstone has acquired Singapore wealth fund GIC's 49% stake in the Dexus Australian Logistics Trust (DALT) for $2.1 billion, as the private equity giant looks to tap into the country's fast growing e-commerce market. Dubbed as the second largest ...

Sydney Airport takeover given green light

JAMIE WILLIAMSON  |  THURSDAY, 9 DEC 2021
The Australian Competition and Consumer Commission will not oppose the acquisition of Sydney Airport by a consortium comprising IFM Investors, AustralianSuper and others. The Sydney Aviation Alliance, which consists of IFM Investors, AustralianSuper ...

LIC appoints former Wallaby as director

KARREN VERGARA  |  WEDNESDAY, 8 DEC 2021
A former Wallaby has joined the board of a Wilson Asset Management listed investment company. WAM Active (WAA) named Simon Poidevin as a director, replacing Emma Rugge Price, who served in the role for nearly four years. Poidevin spent 14 years at Citigroup ...

Charter Hall, GIC drop $335m on Canberra office building

CHLOE WALKER  |  TUESDAY, 7 DEC 2021
Charter Hall and Singapore sovereign wealth fund GIC have co-purchased 50 Marcus Clarke Street in Canberra's CBD for $335 million. The joint venture will see GIC acquire the vast majority of the property (95%), with Charter Hall to own the remaining ...

Magellan chief executive resigns

ELIZABETH MCARTHUR  |  TUESDAY, 7 DEC 2021
The chief executive of Magellan, Brett Cairns, has resigned for personal reasons. The fund manager's chief financial officer Kristen Morton is stepping in as interim chief executive. Morton has been chief financial officer at Magellan for more than ...

Pendal expands Northern Trust mandate

KARREN VERGARA  |  MONDAY, 29 NOV 2021
Pendal Group has expanded its back-office mandate with Northern Trust to service its Australia, UK and Ireland businesses. The additional services include global custody, fund accounting, financial and regulatory reporting, collateral management, and ...

Economic recap: Week to November 26

BENJAMIN ONG  |  MONDAY, 29 NOV 2021
Out of (South) Africa Just when citizens of Planet Earth were beginning to enjoy their new-found freedom - through herd immunity, increased vaccinations and/or learning to live with Delta - comes a new kid in town. And it's name is Omicron. The discovery ...

Citi Australia wins custody mandate

ELIZABETH MCARTHUR  |  FRIDAY, 26 NOV 2021
Mirae Asset Global Investments has appointed Citi Australia as its provider of custody and fund administration services for its Australian funds management business. The South Korea based fund manager said Citi was selected for its international and ...

BetaShares changes custodian for hedge funds

ELIZABETH MCARTHUR  |  FRIDAY, 26 NOV 2021
The custodian of BetaShares' listed hedge funds has changed. The ETF manager announced to the ASX that from November 26 Deutsche Bank AG will no longer serve as the custodian and prime broker for the three funds. Instead, BNP Paribas has been appointed. ...